Senate Dems back automatic debt limit hikes. Democrats controlling the Senate proposed Tuesday to avoid future showdowns over the so-called debt ceiling by giving the president authority to authorize additional federal borrowing unless Congress can muster veto-proof margins to block him. The move by Sens. Charles Schumer, ... MOREAndrew Taylor: Drunken Sailors Seek A Blank Check
Senate Dems back automatic debt limit hikes. Democrats controlling the Senate proposed Tuesday to avoid future showdowns over the so-called debt ceiling by giving the president authority to authorize additional federal borrowing unless Congress can muster veto-proof margins to block him. The move by Sens. Charles Schumer, ... MORE